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Longzhou Co., Ltd. announced that Dongguan Zhongyuan, the holding company, was previously a party to this lawsuit and counterlawsuit with Weihong Power Systems Co., Ltd. due to a sales contract dispute; recently, CAAC Hongyuan changed counterclaims based on changes in the facts of the case, totaling 294 million yuan in six cases. The first trial of the case has already begun and is awaiting judgment.
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Longzhou Co., Ltd. announced that Dongguan Zhongyuan, the holding company, was previously a party to this lawsuit and counterlawsuit with Weihong Power Systems Co., Ltd. due to a sales contract dispute; recently, CAAC Hongyuan changed counterclaims based on changes in the facts of the case, totaling 294 million yuan in six cases. The first trial of the case has already begun and is awaiting judgment.
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